COLA
n.— «The commissioners’ decision to give the employees a cost-of-living adjustment—a COLA in the parlance of the budget writers—was prompted by the improved revenue picture.» —“Calvert Includes Pay Raise In Budget” by Raymond McCaffrey Washington Post June 10, 2004. (source: Double-Tongued Dictionary)
Further reading
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Asthenosphere, a geologist’s term for the molten layer beneath the earth’s crust, sparks a journey that stretches all the way from ancient Greece to the author of Uncle Tom’s Cabin. Plus: What the heck is a dogberg? It’s when...